Question to the Department for Transport:
To ask the Secretary of State for Transport, what progress Network Rail has made on meeting the 19.4 per cent efficiency target set by the Office of Rail and Road for the investment period 2014 to 2019.
The Office of Rail and Road’s (ORR’s) Annual Efficiency and Finance Assessment of Network Rail for 2014-15 is available here: http://orr.gov.uk/what-and-how-we-regulate/regulation-of-network-rail/monitoring-performance/efficiency-and-finance-assess. The ORR’s next assessment of Network Rail’s efficiency, for the year 2015-16, will be published later this year.